FintechDaily – Page 149 – Fresh Dose of Fintech News

Fraudio Secures $3.3 Million to Enhance Fraud Prevention Platform

Fraudio, a Dutch startup that has developed a cloud-native, centralized AI-powered payment fraud detection system, has successfully secured $3.3 million in seed funding. The funding...

Paytm Announces $103 Million Share Buyback Following Stock Price Decline

Indian digital payments leader Paytm is initiating a share buyback of up to $103 million in an effort to stabilize a stock price that has...

Klarna App Bug Allowed Users to Access Others’ Accounts

Klarna temporarily suspended its app yesterday following a "self-inflicted incident" that inadvertently allowed some users to access others' accounts, exposing personal information. In a statement,...

Euroclear Aims for Private Markets Through Goji Acquisition

Euroclear is set to acquire Goji, a London-based provider of digital access and technology for private markets. Goji currently serves nearly 30,000 investors across 80...

Signicat Acquires SCA Specialist Encap Security

Nordic digital identity firm Signicat has acquired Strong Customer Authentication (SCA) specialist Encap Security from AllClear ID, though financial terms have not been disclosed. Founded...

Visa Invests in LoginID to Speed Up FIDO-Certified Strong Customer Authentication

Visa has made an investment in LoginID, a startup that offers a range of APIs and SDKs designed to simplify the integration of Fido-certified biometric...

United Fintech Acquires Cobalt, a Specialist in FX and Digital Assets

United Fintech, a company focused on acquiring capital markets fintech businesses, has announced the acquisition of Cobalt, a provider of risk and data services for...

HSBC UK Unveils New Fraud Awareness App for Businesses

HSBC has introduced a fraud awareness app designed to keep businesses informed about new and emerging scams. The free app not only sends users notifications...

Rabobank Celebrates Successful Blockchain Pilot for Euro Commercial Paper Transactions

Rabobank has successfully conducted a series of real-time euro commercial paper transactions as part of a blockchain pilot, showcasing the technology's ability to offer borrowers...

Capital One Partners with Socure for Investment

Machine learning-based digital identity verification firm Socure has secured a strategic investment from Capital One Ventures, although the amount remains undisclosed. This investment follows a...